2009 Formative Years Two Roll Sets Back on Sale
The US Mint has put the Two Roll Set for the second redesigned 2009 Lincoln Cent back on sale. The set had been taken off sale on August 12, 2009 after selling 300,000 units.
This is one of several times this year when the US Mint has taken a product off sale, marked the product page as "Sold Out", moved it to the "No Longer Available" section of their website, and then quietly put the product back on sale. This had occurred with sales of the William Henry Harrison Dollar Rolls and John Tyler Dollar Rolls.
In past similar situations, the re-offering period has only lasted a few days to a week before the products were once again "sold out."
Presumably this situation occurs when the US Mint sells their predetermined inventory of a product, but then order cancellations or invalid credit card information reduces the actual number of sales. The product is then put back on sale until the remaining final inventory is sold.
You can find the 2009 Lincoln Cent Formative Years Two Roll Sets for sale on the US Mint's website here.
Labels: 2009 Lincoln Cents
posted by Mint News Blog @ 7:18 AM
11 Comments:
It would be so funny if the LP2's don't sell out the second time! Nobody is gonna buy the remaining ones! lol
That WOULD be funny!
Reposted--
Anonymous said...
August 26, 2009 8:09 AM
The Mint and their ways are really starting to discourage me as a collector. Why is it other Mints have their **** together but ours lets us down time and time again???????
Just ordered the LN2's from the mint, not too bad.
This "Flip Flopping" is really starting to get to me. You can't trust ANYTHING they say. They have no problem producing all this presidential dollar junk along with medals, but they can't produce collectors versions of SAE, GAE, or the fractional buffalos???!!! There was an ENORMOUS demand for these products and what do they do, put them on the back burner or discontinue them. Total BS! It doesn't make any sense. They were MUCH better organized in 2008/2007 with a ton of product offerings than they are now with just a handful of offerings. I say they should revert back to their old ways of doing business and then we all will be happy.
Everyone is a critic. Everyone expects to be satisfied. Want some cheese with that whine? I read the blogs and there is never any satisfaction... nothing but constant whiners because the mint doesn't fit the schedule to a select few needs. Maybe the mint wants to make sure more people actually get to buy the coins from someone other than a dealer or an ebay con. What a terrible idea!
It's not fair to imply that dealers and eBay sellers are "cons". With rare exceptions, most of the items sold for big premiums by them are those same items that interested parties had PLENTY of time (i.e. at least a week to 2-3 months) to buy from the Mint themselves. Demand for certain products just never seems to die, that's all. Once the Mint stops selling it, those who still want it have no choice but to resort to the secondary market (dealers or eBay).
However, the Lincoln "Coin and Chronicles" set will be another story. Even with the most certain order limit of 1 set per household, it will undoubtedly sell out all 50,000 units within two hours. I plan to take a sick day off work on whatever day it's released, just to make sure I don't miss it. I can't be dealing with the bogged-down Mint website and have to try to work at the same time! :)
I have to agree with the last two commenters. I don't know what is about those of you who can't do anything BUT complain. Then again, aren't I complaining about people complaining?! :-)
None the less, I agree the Mint hasn't been the best at making collectors happy. But truthfully, they aren't in the business of making collectors happy. Anything numismatic is just a side task it chooses to do to make some extra money. It's main job is to make coins and do it to meet the Fed's needs. And thus the maintenance it's currently more focused on is actually directly related to its MAIN job regardless of the negative impact its had on the product line this year. Its been making lots of gold bullion this year, just no collector versions. Again, its doing its MAIN job, not its side job.
Also, I agree with the previous commentor that it is not fair to imply that dealers and eBay sellers are "cons". Out of hundreds of purchases I've made from either, I think I've only been truly "con"-ed a handful of times. But then again, its important to know WHAT to look for in an auction or sale and WHAT something is worth both to the outside world and to you.
The LP2's are STILL on sale even today, 9/2. It doesn't appear that the Mint bringing them back has exactly created a stampede to buy them up, does it? :)
LP2's are no longer for sale at the US Mint Website.
Yeah, I saw they are back up to 300,000 sets sold again. But, will anyone really care at this point?
I'm wondering why the Mint did not take time to re-sell the extra 4,000 LP1's that must still be on hand? They had originally reported selling 100,000 of them, but then later reduced that number to 96,000. I bet they still have them, and are saving their return for a nasty surprise to kill the value for anyone who paid through the nose to get them!
You gotta love them.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home